In last trading session, Alector Inc (NASDAQ:ALEC) saw 3.17 million shares changing hands with its beta currently measuring 0.64. Company’s recent per share price level of $1.07 trading at -$0.04 or -3.60% at ring of the bell on the day assigns it a market valuation of $106.99M. That closing price of ALEC’s stock is at a discount of -533.64% from its 52-week high price of $6.78 and is indicating a premium of 18.69% from its 52-week low price of $0.87. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.26 million shares which gives us an average trading volume of 802.53K if we extend that period to 3-months.
For Alector Inc (ALEC), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.00. Splitting up the data highlights that, out of 4 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 3 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.
Alector Inc (NASDAQ:ALEC) trade information
Upright in the red during last session for losing -3.60%, in the last five days ALEC remained trading in the green while hitting it’s week-highest on Monday, 05/12/25 when the stock touched $1.07 price level, adding 15.01% to its value on the day. Alector Inc’s shares saw a change of -43.39% in year-to-date performance and have moved 4.90% in past 5-day. Alector Inc (NASDAQ:ALEC) showed a performance of 9.09% in past 30-days. Number of shares sold short was 5.36 million shares which calculate 6.4 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 4 to the stock, which implies a rise of 73.25% to its current value. Analysts have been projecting 4 as a low price target for the stock while placing it at a high target of 4. It follows that stock’s current price would drop -273.83% in reaching the projected high whereas dropping to the targeted low would mean a loss of -273.83% for stock’s current value.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 6.31% during past 5 years. In 2025, company’s earnings growth rate is likely to be around -53.19% while estimates for its earnings growth in next 5 years are of 8.74%.
Alector Inc (NASDAQ:ALEC)’s Major holders
Insiders are in possession of 9.88% of company’s total shares while institution are holding 80.12 percent of that, with stock having share float percentage of 88.91%. Investors also watch the number of corporate investors in a company very closely, which is 80.12% institutions for Alector Inc that are currently holding shares of the company. FMR LLC is the top institutional holder at ALEC for having 14.46 million shares of worth $65.64 million. And as of 2024-06-30, it was holding 14.9545 of the company’s outstanding shares.
The second largest institutional holder is BLACKROCK INC., which was holding about 9.1 million shares on 2024-06-30. The number of shares represents firm’s hold over 9.4145 of outstanding shares, having a total worth of $41.32 million.
On the other hand, Fidelity Mt. Vernon Street Trust-Fidelity Growth Company Fund and Fidelity Select Portfolios-Biotechnology Portfolio are the top two Mutual Funds which own company’s shares. As of Mar 31, 2025 , the former fund manager was holding 3.67 shares of worth $3.92 million or 3.67% of the total outstanding shares. The later fund manager was in possession of 3.01 shares on Mar 31, 2025 , making its stake of worth around $3.23 million in the company or a holder of 3.01% of company’s stock.
